The Finnish handset maker will pay about $2.2 billion for the half of Nokia Siemens Networks that it doesn't already own.
Network equipment maker's CEO tells reporters that the joint venture is looking to unload noncore units to focus on mobile network equipment.
Network equipment maker announces major reorganization, with cost cuts and layoffs in plan to slash operating expenses by 500 million euros by end of 2011.
The wireless equipment maker is offering carriers a software upgrade for its EDGE equipment that will double the speed of downloads on their 2.5G EDGE networks.
The carrier says it tapped Ericsson and Nokia Siemens to build out its 4G LTE network.
Huawei, fearing that trade secrets might be revealed, had been seeking to block Motorola's sale of its wireless equipment business to Nokia Siemens.
An extended review by Chinese antitrust officials is delaying Motorola Solutions' plan to sell its wireless equipment business to Nokia Siemens Networks.
Chinese telecom equipment maker Huawei is suing Motorola and asking a court to stop the sale of part of Motorola's wireless equipment business to Nokia Siemens.
Former chief of the Nokia Solutions and Networks unit becomes the telecom gear maker's CEO as Microsoft closes its deal for Nokia's handset unit.
Tests conducted by Nokia Siemens Networks confirmed that Apple has included support for the Network Controlled Fast Dormancy technology developed by Nokia to reduce network congestion and improve battery life in iOS 4.2.1.